Local construction industry leaders share their views on the current market and future trends.
May 2024 – Jeff Grundahl, founder and CEO of National Construction and parent company JG Development, along with a panel of construction and legal executives, shared their sustained optimism about the future of Madison’s building industry in In Business Magazine’s May issue.
The panel covered:
- overall construction industry growth
- multi- and single-family building trends
- interest rates and financing challenges
- public-private partnerships
- industrial and warehouse construction markets
- municipal infrastructure and development
- captive insurance
- construction industry ownership models and workforce development
- and more!
Jeff also shared his thoughts about JG Development’s recent transition to 100 percent employee ownership and said, “When it comes to retention and recruitment, I’m not sure we could find a better tool. You’re able to provide an enormous benefit to your [current and] future employees … that is probably the greatest feeling we’ve ever had.”
For more on these insights, explore In Business Magazine’s “Building Forecast: A resilient construction industry responds to housing needs.”
Is your business or community wrestling with any of these issues? If a contractor’s perspective would be valuable in your planning process, get in touch! We welcome the opportunity to support you.
Photos by Shawn Harper from In Business Magazine.